Ghana news briefing
COMAC says Uniform Fuel Pricing Fund should not be confused with fuel subsidy
By GhanaSummary Newsroom1 min read
The Chamber of Oil Marketing Companies (COMAC) says the Uniform Pricing Policy Fund should not be confused with the fuel subsidy being provided by government.
Chief Executive Officer of COMAC, Dr Riverson Oppong, explained that the Uniform Pricing Policy Fund is designed to ensure that fuel prices remain the same across the country.
He said the government could consider taxes and levies as a more sustainable way to cushion consumers from rising fuel prices.
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